If you need assistance, please call 480-845-3833

$1,500,000
5402 W Glendale Ave, Glendale, AZ 85301
0 Beds
0 Baths
10,952 sqft

Share

   
OR
Photos
Map
Need help calculating monthly payments on this home? Estimate your mortgage here.
powered by CINC
Prominent corner location in Glendale Downtown area. Fully leased property with extended leases. Listing is clean and in good repair.Upgrades completed on building in 2011 for roofing and additional space added to end building. Plenty of open parking. Great traffic count.Active and busy business' in area. City growth in progress. Heavy business activity for downtown during Holiday Seasons. 9 Parcels makeup property. Good tenant mix. 2 Prominent Monument Signage. CAP Rate is a 9% and lease increases over next 2 years will improve.
  • Price:
  • $1,500,000
  • Square Footage:
  • 10,952
  • Acreage:
  • 1.30
  • Year Built:
  • 1961
  • Listing ID #:
  • 6103079
  • Street Address:
  • 5402 W Glendale Ave
  • City:
  • Glendale
  • State:
  • Arizona
  • Postal Code:
  • 85301
  • County:
  • Maricopa
  • Subdivision:
  • Park Place Blks 2,5,6
  • Listing Status:
  • Active
  • Ceiling Height:
  • 8.1 Feet To 10 Feet
  • Construction Description:
  • Block
  • Dwelling Type:
  • Commercial, Industrial
  • Exterior Features:
  • Building Sign, Corner Lot, Dual Street Ftg, Monument Sign, Storage Yard
  • Flooring:
  • Ceramic Tile, Concrete
  • Interior Features:
  • Finished
  • Stories:
  • 1 Story
  • Total Building Square Footage:
  • 10952
  • Type Of Roof:
  • Built-Up, Foam, Metal, Rolled
  • Year Built:
  • 1961
  • Adjusted Gross Income:
  • 398200800.00
  • Annual Electric Expenses:
  • 500.00
  • Annual Insurance Expenses:
  • 7700.00
  • Annual Legal & Accounting Expenses:
  • 2400.00
  • Annual Maintenance Expenses:
  • 12500.00
  • Annual Management Expenses:
  • 5040.00
  • Annual Trash Expenses:
  • 1800.00
  • Annual Water/Sewer Expenses:
  • 1800.00
  • Net Operating Income:
  • 155496.00
  • Operating Expense:
  • 48399.00
  • Conforms To Zoning:
  • C2
  • Existing Land Use:
  • Automobile, Food Service, Mixed Use, Office, Other, Restaurant, Retail, Retail Pad, See Remarks, Service Business
  • Lot Square Footage:
  • 56628.00
  • Use Restrictions:
  • Cc&r'S, Currently Leased
  • Property Taxes:
  • $4,695
  • Fence:
  • None, Other, See Remarks
  • Parking Description:
  • Free, Paved Parking, Public Parking
  • Parking Spaces:
  • 56.00
  • Uncovered Parking Spaces:
  • 56.00
  • Cooling System:
  • Central A/C, Warehouse Evap
  • Electricity:
  • Aps
  • Existing Water:
  • City Franchise
  • Heating:
  • Electric
  • Sewage Type:
  • Sewer - Public
$

$

%

$

$

$


The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listings Provided by Paramount Management & Realty
  • ARMLS

Similar Properties

Image Unavailable
$1,595,000
6032 E Cave Creek Rd, Cave Creek, AZ 85331
0 Beds | 0 Baths
ARMLS Listings Provided by Tri Phoenix Commercial Real Estate Group
ACTIVE
Image Unavailable
$1,650,000
4120 N 20th St, Phoenix, AZ 85016
0 Beds | 0 Baths
ARMLS Listings Provided by R.O.I. Properties
ACTIVE
Image Unavailable
$1,650,000
7363 E Adobe Dr Unit 101, Scottsdale, AZ 85255
0 Beds | 0 Baths
ARMLS Listings Provided by Cornerstone Real Estate Group
ACTIVE